Economy stonks v8, the wrath of icahn

today is so weird.

s&p barely moved and the semis got hammered. and a whole bunch of individual stocks on my watch list. no idea what caused so many to drop 4-9% in just a couple minutes (and some still pretty down) while the s&p's flat. maybe it's just random luck, but it looks weird.
 
rob mafia said:
today is so weird.

s&p barely moved and the semis got hammered. and a whole bunch of individual stocks on my watch list. no idea what caused so many to drop 4-9% in just a couple minutes (and some still pretty down) while the s&p's flat. maybe it's just random luck, but it looks weird.
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Yeah should have kept my INTC short. Mehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
 
Shorting Slack off Salesforce debuting competing app. Ouch lol
 
HankScorpio said:
I'm sorry, I did ditch it. I realized 30%. Now I'm thinking about buying back in.
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Has it been 30 days yet?
Dont play the same stock within 30 days under the "Wash Rule" unless youre willing to hold/deal with more complex gains/tax shit.
 
if he made a gain on it, it's less of an issue. it would only matter if he'd take a loss on the next play. but i have no idea on d&b, anyway.
 
brackis1 said:
Has it been 30 days yet?
Dont play the same stock within 30 days under the "Wash Rule" unless youre willing to hold/deal with more complex gains/tax shit.
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Thanks for education. I googled the Wash Rule and it seems to only apply to losses. I gained on D and B. I'm also not worried about taxes as the money I'm playing with doesn't increase my income by a crazy amount.
 
i bought enphase @ 44ish while it was dropping at openish, expecting to have a quick flip.

oops? no idea why it's way out of its predictable movement, nothing seems to have happened. (figured it would be on its way to $46 by now)
 
HankScorpio said:
Thanks for education. I googled the Wash Rule and it seems to only apply to losses. I gained on D and B. I'm also not worried about taxes as the money I'm playing with doesn't increase my income by a crazy amount.
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right but if you lose the 2nd time around and want to exit, the rule will apply as far as I understand it. Thus why it might not be the play. There's not a ton special about that place and it has no outdoor component so id run away and do some sort of outdoor leisure/ent stock if you're that keen on a rebound.
 
man, today is really throwing me for a loop. so far, i would have done better if i stayed in bed.

ICCCCAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN!
 
rob mafia said:
man, today is really throwing me for a loop. so far, i would have done better if i stayed in bed.

ICCCCAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN!
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Yeah it seems like the data and covid news is having less and less effect in both direction and as I've said for weeks we're see essentially flopping around a moving average of like 10% below all time highs, discounting like 5% for covid and 5% for fuckery/fear/imperfection/dilution.
 
i just recovered an astonishing amount in 5 minutes on this minor bump of the s&p. i'm starting to wonder if my rh wasn't showing data properly, because this math doesn't seem right.

edit: was probably all my leaps. either wide bid:ask or they just lagged updating the data.

i've noticed a lot of problems with the options books being way off lately - in all 3 brokers i use. not sure what's up with that.

and oddly, if i enter an order, it will generally update the books on every brokerage, correcting all of them at once. been happening for weeks (months?) but it seems to be getting worse.

<Fedor23>
 
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stonks v9 should be "nat gas only goes down"
 
reveler said:
stonks v9 should be "nat gas only goes down"
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dude. convert the gas/stocks to stonks.

and closed enphase at $45. weird. should probably hold til 46ish+ (in... 2 hours?), but this shit's being too weird
 
Nap time for me. I await your biggest winners and losers so I can do the opposite.
 
brackis1 said:
Nap time for me. I await your biggest winners and losers so I can do the opposite.
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solo - down 5%, no idea why it went from ~$1 up to $2, anyway (my average was like 1.12 or something [bought more today] ). aside from running commercials, maybe. i only am in it because their calls are nice and pricey and mitigate much of my risk.
 
HankScorpio said:
I'm sorry, I did ditch it. I realized 30%. Now I'm thinking about buying back in.
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Sorry misunderstood you.
Back to MGM scenario, I want to see how this second wave shit settles. I told myself it should get down below start looking to get back in. That is what I would do if I was you on Dave and Busters, just keep an eye on it and jump in when you feel confortable. I have not looked at D&B so dont know its patterns.

Speaking of patterns APT if it make a hard, dive in the morning and then spends the rest of the day climbing back up, then jumps late. I got some time tomorrow in the AM, if it dives at the opening bell/Pre market, I might try to make a quick cash flip. Buy some and sell it the same day.
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44nutman said:
Sorry misunderstood you.
Back to MGM scenario, I want to see how this second wave shit settles. I told myself it should get down below start looking to get back in. That is what I would do if I was you on Dave and Busters, just keep an eye on it and jump in when you feel confortable. I have not looked at D&B so dont know its patterns.

Speaking of patterns APT if it make a hard, dive in the morning and then spends the rest of the day climbing back up, then jumps late. I got some time tomorrow in the AM, if it dives at the opening bell/Pre market, I might try to make a quick cash flip. Buy some and sell it the same day.
980x.gif
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no worries, just let me know when you want to buy back in apt. i'll buy some, guaranteeing it immediately drops at least 10%
 
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